HomeMaldenMulti Family292 Broadway, Malden MA 02148
292 Broadway, Malden MA 02148 — photo 1 of 351 / 35
$929,000
292 Broadway, Malden MA 02148
2 units · 5 bd · 2 ba · 2,390 sqft · $464,500/unit
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INVESTMENT SNAPSHOT

Signal Score75 / 100
Est. Cap Rate4.2%
GRM15.5
Gross Scheduled Income$60,013/yr
Estimates from area median rents — directional, not an appraisal.

About this property

Don’t miss this unique opportunity to own a versatile two-family property in Malden, perfect for both investors and owner-occupants. With over 10 off-street parking spaces, this home offers a rare level of convenience that’s hard to find in the area. The first-floor unit features a two-bedroom layout with long-term tenants already in place, providing immediate rental income and stability. The second unit spans two levels, offering a flexible and spacious layout. The main level includes a living room, dining room, kitchen, and 2 bedrooms. The wall between the bedrooms was previously opened to accommodate a daycare setup, creating a larger shared space, but can easily be restored to its original 2 bedroom configuration. The upper level adds even more value with two more bedrooms and a private office - ideal for working from home, a guest space, or additional living area. Full basement with high ceilings and two means of egress offers excellent potential for future expansion.

Property details

Units2
Living area2,390 sqft
Lot size5,567 sqft
Year built1900
Price / sqft$389
CountyMiddlesex
MLS #73513777

Listing status

Days on market25 days
Listed onMay 6, 2026

Taxes & financials

Annual property tax$8,007
Tax year2025
Assessed value$707,300
ZoningResA
Total actual rent$0/mo

Building & lot

Stories3
Total rooms12
Lot size0.13 acres
Garage spaces1
Parking spaces11
ParkingPaved Drive, Off Street, Paved
BasementFull, Walk-Out Access
FoundationBlock
RoofShingle
ConstructionFrame
FlooringWood, Tile, Hardwood, Stone/Ceramic Tile

Utilities & systems

SewerPublic Sewer
WaterPublic
AppliancesRange, Dishwasher, Disposal, Microwave

Location

More about investing in Malden

Listing courtesy of REMAX Andrew Realty Services — Stephanie Rizzuto. Listing data © MLS PIN.

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Questions & answers

Auto-generated from the listing data — richer AI answers coming with the live site.

How many units does 292 Broadway, Malden MA 02148 have?

It is a 2-unit multi-family property with 2,390 sqft of living area, built in 1900.

How long has 292 Broadway, Malden MA 02148 been on the market?

292 Broadway, Malden MA 02148 has been listed for 25 days (since May 6, 2026).

What is the estimated cap rate on this 2-family in Malden?

Based on area median rents, the estimated cap rate is about 4.2%, with a Signal Score of 75/100. These are directional estimates, not an appraisal.

What is the price per unit?

At a list price of $929,000 across 2 units, that works out to roughly $464,500 per unit.

What are the property taxes on 292 Broadway, Malden MA 02148?

Annual property taxes are $8,007 (2025), on an assessed value of $707,300.

What is the price per square foot?

At $929,000 for 2,390 sqft, that's about $389 per square foot.

Is there parking?

1 garage space and 11 total parking spaces (paved drive, off street, paved).

Where is this property located?

292 Broadway, Malden MA 02148 is in Malden, Middlesex County, MA 02148.

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